10247 Hwy 98 C- STORE, Miramar Beach, FL 32550

$1,000,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 47,916 Status: Sold
Current Price: $1,200,888 List Date: 9/01/2010 Last Modified: 10/11/2024

Description

Cash Flow Cow for the smart operator..4 in 1 Operating Convenience Store, gasoline sales, Quick Oil & Lube, and Car Wash. Has been operated by tenants for the past 6 years. Owners took back operations months ago. 150 feet of frontage on US #98 - Across from Sandestin Resort/Silver Sands Designer Outlet Mall. Rank in top 10 malls in USA... Beach Rd & new 7 lane US 98 - Miramar Beach, FL 5 Star Golf Courses.... location, location, location! 40,000 average daily traffic count! Unlimited potential! 4 in one business,,,,,One Million Gallons of Gas per year! Past Summer inside sales $100,000 per month / 4 bay 30x40 Oil/lube 23x70 long tunnel wash based on past performance all assume 12 months operation & standard hours of operation. built 1996 3 storage tanks: 12,000, 8,000, 4,000

Supplements: gallons. Sits on 1.1 Acres Land, 2,660 sf Store Building plus 3 bays & Quick Oil Change Business!. Turn key. In operation. Stable management on site! South Walton County had No #6 Highest per household Income in USA... Forbes) 6,800 Upper income living units within 2 miles of Sandestin Golf Resort. Across US# 98 Silver Sands Designer Center is ranked No. 1. in the USA. 6 million tourist a year in SMSA. Just cross marketing the store with Silver Sands Center would triple the Volumn, with a good Marketing Guru.

More Information MLS# 544256

None

Current Price: $1,000,000

Status Change Info

Status: Sold Under Contract Date: 2011-11-29 Sold Date: 2012-03-30 Sold Price: $1,000,000

Contract Info

List Date: 2010-08-28 List Price: $1,200,888 Listing Board: Emerald Coast

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 10247 Street Name: Hwy 98 State: FL Zip Code: 32550 County: Walton Parcel ID: 34-2S-21-42000-008-0010

General Property Info

Property Information: Owner took over operation after having marginal tenants for 6 years. Owner has operated for only 10 months. Vacant: No Immediate Occupancy: Yes Acreage: 1.1 Lot SqFt: 47100 Lot Frontage: 150 Lot Depth: 214 Zoning: COMMERCIAL

Income Producing

Year Built: 1996 Building SqFt: 5734 Price P/SqFt: 209 Annual Gross Income: 1 Expenses: 900 Net Operating Income: 100 Cash Flow: 2 Property Type: Retail

Property Features

Class: Income Producing Construction Status: Existing
Listing Office: Feiler Real Estaters
Last Updated: October - 11 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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